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| Consumer Trends, Holidays & Seasonal, Winter Holidays, Economy, Retail Sales, Forecasts, Holiday Forecast, Annual Forecast, Holiday Planning Playbook
Holiday retail sales during 2018 grew a lower-than-expected 2.9 percent over the same period in 2017 to $707.5 billion, NRF said after the Commerce Department released data that had been delayed by nearly a month because of the recent government shutdown.
| Port Tracker, Economy, Trade, Supply Chain
Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, according to the monthly Global Port Tracker report from NRF and Hackett Associates.
| Trade
NRF issued a statement from President and CEO Matthew Shay following President Donald Trump’s 2019 State of the Union address.
| Economy, Retail Sales
NRF's annual forecast projects that retail sales during 2019 will increase between 3.8 percent and 4.4 percent to more than $3.8 trillion despite threats from an ongoing trade war, the volatile stock market and the effects of the government shutdown.
| Economy, Workforce
Retail employment in January was down by 15,100 jobs from a year earlier but increased 14,800 jobs adjusted from December, according to NRF. The retail numbers, which exclude automobile dealers, gasoline stations and restaurants, came as the nation added 304,000 jobs overall compared with December.
| Valentine's Day, Consumer Trends
Americans are expected to spend a record amount on Valentine’s Day this year despite a years-long decrease in the percentage of people celebrating the holiday.
| Super Bowl
Americans will spend an average $81.30 for a total of $14.8 billion as they watch the New England Patriots and the Los Angeles Rams in the Super Bowl, according to NRF’s annual survey.
| Trade
NRF says bill to give the executive branch unilateral authority to raise U.S. tariffs on any foreign country "would make matters even worse."
| Consumer View
Consumers increasingly expect free delivery of items they buy online and are also embracing new options like picking up their online purchases at a local store, according to the latest issue of NRF's quarterly Consumer View report.
| Leadership
The National Retail Federation today announced the addition of three new members to its Board of Directors. The NRF board welcomed the new members at its annual winter board meeting during NRF 2019: Retail’s Big Show, and they will serve a two-year term until January 2021.